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Topic: The Rise of Crypto Gambling: What You Need to Know - page 5. (Read 1293 times)

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
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Gambling on a VPN won't flag you by these casinos by itself. If they get KYC'd they may be required to submit verification documents that match the country they were VPN'ed to.
Yes, that's what's worrying is that when a casino asks to complete KYC according to the country it uses on a VPN it will be very annoying, like it or not, you should be honest with the casino that we are using a VPN and it's also a good idea to tell their CS whether using a VPN is safe or not and give reasons why you are using a VPN so that problems don't occur in the future.

Casinos always make things that are uncomplicated very complicated when they find gamblers wanting to withdraw big money let alone get big wins, usually small casinos often make unreasonable requirements and make it even more complicated so that gamblers cannot withdraw their money from the casino then spend the money or account will be frozen.
legendary
Activity: 2828
Merit: 1515
...

Gambling on a VPN won't flag you by these casinos by itself. If they get KYC'd they may be required to submit verification documents that match the country they were VPN'ed to.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.
When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions. But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.
With regulations on the rise, privacy and anonymity are totally out of the question since no casino that is centralized is allowed to operate without a license and when they acquire a license, they are compelled to comply with the AML and KYC rules which is why they impose a lot of restrictions and verifications on their users even if the users don't like them, they have to complete them, otherwise, they won't be able to access some of the main features of the platform such as withdrawals.

But, if we talk about user experience, I believe it depends on the nature of a person whether he/she would like an online casino or a physical casino more. A person who is lively and likes to talk and share experiences with others would definitely prefer a physical casino for the thrill, but someone who likes to do it alone with more convenience and easy steps, they would go for online casinos.

I would like to add here that we may find some casinos that may have relaxed rules and they also do not have the gambling license but they are operating. It is better to avoid gambling at those unknown new sites because it is very likely that they are short lived sites and can run away with their gambling business anytime.

KYC is mandatory in most of the casinos because it is also one of the requirements of the regulators and the casino who have obtained the licenses have to abide by the rules.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.
When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions. But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.
With regulations on the rise, privacy and anonymity are totally out of the question since no casino that is centralized is allowed to operate without a license and when they acquire a license, they are compelled to comply with the AML and KYC rules which is why they impose a lot of restrictions and verifications on their users even if the users don't like them, they have to complete them, otherwise, they won't be able to access some of the main features of the platform such as withdrawals.

But, if we talk about user experience, I believe it depends on the nature of a person whether he/she would like an online casino or a physical casino more. A person who is lively and likes to talk and share experiences with others would definitely prefer a physical casino for the thrill, but someone who likes to do it alone with more convenience and easy steps, they would go for online casinos.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
For our purposes, this is the most significant thing to know about crypto gambling. It is much more secure than playing in a traditional sportsbook.

Traditional sportsbooks have your address, your phone number, your email address, and more info about you. Some sportsbooks sell your information to list creators. Those list creators sell the info to tout services that call you to get you on board with their plans.

You can deposit and make withdrawals faster

The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.

When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions. But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.

I think that the KYC feature is the system that online gambling platforms must ask for compliance with their respective state laws.

Remember that before you visit a physical casino, guards would often ask for your IDs and other verifications before you could enter and enjoy the establishment. This concept is also the same in online gambling- these websites ask for KYC in order for them to verify your identity and to secure at least a security on both on your part in the event you breach their TOS.

Though this may be the case, I just hope that the KYC documents will not be too restrictive to the point that it completely disheartens the player in submitting the require documents due to the number of required documents to be passed.
Smartypants, KYC makes perfect sense. Its online "no ID, no entry." Though irritating, its part of the game.

I understand. Who wouldnt want simpler times? But keep the evil guys out and let the fun people in. Even though it makes us roll our eyes, it's part of the deal.
hero member
Activity: 812
Merit: 560
When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions.

We are still left with options concerning privacy since the gambling platforms we used can be changed and we have to right to make use of a casino that has no kyc requirements for their gambling experience, this are what we should first know about a gambling platform before using the them to know what they support and don't, compare them to how we can be able to adapt with them, because we need our privacy as well.

But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.

We cannot compare the two, everything has its own advantages and disadvantages, same also are the gamblers, we all have our individual preference when it comes to taste in choosing a gambling platform, some will vividly tells you they enjoyed the crypto online gambling than the physical one and so on, different ideas and different opinions and take on them both.
hero member
Activity: 2268
Merit: 789
For our purposes, this is the most significant thing to know about crypto gambling. It is much more secure than playing in a traditional sportsbook.

Traditional sportsbooks have your address, your phone number, your email address, and more info about you. Some sportsbooks sell your information to list creators. Those list creators sell the info to tout services that call you to get you on board with their plans.

You can deposit and make withdrawals faster

The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.

When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions. But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.

I think that the KYC feature is the system that online gambling platforms must ask for compliance with their respective state laws.

Remember that before you visit a physical casino, guards would often ask for your IDs and other verifications before you could enter and enjoy the establishment. This concept is also the same in online gambling- these websites ask for KYC in order for them to verify your identity and to secure at least a security on both on your part in the event you breach their TOS.

Though this may be the case, I just hope that the KYC documents will not be too restrictive to the point that it completely disheartens the player in submitting the require documents due to the number of required documents to be passed.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
For our purposes, this is the most significant thing to know about crypto gambling. It is much more secure than playing in a traditional sportsbook.

Traditional sportsbooks have your address, your phone number, your email address, and more info about you. Some sportsbooks sell your information to list creators. Those list creators sell the info to tout services that call you to get you on board with their plans.

You can deposit and make withdrawals faster

The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.

When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions. But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.
The anonimity is now a feature on casinos. It's hard to find a good casino that don't ask KYC or any documentation just to use their service. New casinos are flexing that they won't collect KYC from their potential customer knowing that the market is saturated with KYC casino and there are gamblers who want to play on a casino that don't require submitting KYC. In short, they are targetting users who don't want to submit KYC on casinos.

Of course, there are difference between online and physical casino and I believe that a gambler are the only one who can judge whether it's better to play on a physical casino or an online casino since we all have different scenarios in life and have a different casino environments.
full member
Activity: 1708
Merit: 126
For our purposes, this is the most significant thing to know about crypto gambling. It is much more secure than playing in a traditional sportsbook.

Traditional sportsbooks have your address, your phone number, your email address, and more info about you. Some sportsbooks sell your information to list creators. Those list creators sell the info to tout services that call you to get you on board with their plans.

You can deposit and make withdrawals faster

The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.

When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions. But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.

We might doubt KYC's and we might also feel that our privacy and anonymity is being affected, we could still see the role of KYCs in our security. We will also benefit from it in the future so we better comply with it since most casinos are now requiring it. The pandemic has made a lot of gamblers switch from traditional casinos into online casinos which made them also choose it over physical casinos because of the convenience that they could experience on it.
Most gamblers prioritizes convenience especially to those who have huge priorities and jobs. It is an advantage that we could now gambler anywhere and anytime because of the development of our technology. However, there are casinos who aren't providing the services that we want which is unsatisfying so it is still necessary that we'll always look for trusted and reliable casinos especially if we want oour gambling journey to succeed in the long run.
legendary
Activity: 2758
Merit: 1228
For our purposes, this is the most significant thing to know about crypto gambling. It is much more secure than playing in a traditional sportsbook.

Traditional sportsbooks have your address, your phone number, your email address, and more info about you. Some sportsbooks sell your information to list creators. Those list creators sell the info to tout services that call you to get you on board with their plans.

You can deposit and make withdrawals faster

The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.

When we talk about privacy well its not the case at the moment since reputable casino is now asking a KYC to their clients so with this being anonymous is not really a main case due to this conditions. But if we talk about convenience yes its really bring up everything easy to a gambler. But if we discuss about experience I can say physical casino still more better than online since the gaming experience is really different.
sr. member
Activity: 644
Merit: 262
For our purposes, this is the most significant thing to know about crypto gambling. It is much more secure than playing in a traditional sportsbook.

Traditional sportsbooks have your address, your phone number, your email address, and more info about you. Some sportsbooks sell your information to list creators. Those list creators sell the info to tout services that call you to get you on board with their plans.

You can deposit and make withdrawals faster

The introductiom of crypto gambling is drastically changing  the phase of gambling to another level entirely, so well revolutionized that convenience and privacy puts together keep the gambler safe from sensorship and monitoring factors we do experience with the use of traditional casinos. The covid-19 pandemic period was the propeller to the game changer in the online gambling industry.
Another aspect I enjoy from crypto gambling is the fast payment system which is an arguable factor to traditional casinos where payments are delayed sometimes it takes days with clumsy excuses.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
Ever since the introduction of cryptocurrency, gambling platforms have also switched their operations requirements with making crypto deposit for gambling stake by creating users with online gambling wallet after their registration, they could hold this volatile cryptocurrencies in those accounts and use their fund to gamble anytime they so wish, in so doing this, their coins remains an asset being on the wallet because it can increase whenever the crypto market rises, gamblers now prefer cryptocurrency gambling whereby some developers have also invented their crypto coin their platform could support among others, in which this has made gambling more easier than before to enjoy.
I agree with you because the gambling industry is one of the biggest cryptocurrency adopters and its players have constantly engaged in carrying out transactions in cryptocurrencies which has given them the freedom to make faster transactions without haven't to go through the third-party system that is opposed by the traditional financial systems and coupled with the 2019 covid lock down that have made many gamblers to adopt online casinos that offers cryptocurrency features.

And the coming of the web3 metaverse that has gaming i-gaming experience to transform in a whole new way with contemporary development and advancement aided by blockchain technologies.
Gambling industry is that one industry that has adopted cryptocurrency without reserves.
Also cryptocurrency has helped to advance the gambling industry.
This made it possible for people in different country to be able to gamble in casinos that are in other countries that do not share the same currency. Cryptocurrency is universal and it's important is seeing in the gambling companies even with little fees anyone can be able to gamble with any type of cryptocurrency and withdraw their money at ease, in the comfort of their home.
No wonder many people see cryptocurrency to be a brother to gambling because it looks almost alike and work together
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
They understand how to enable a VPN and how to send and receive BTC, but that's the extent of their knowledge,
In this case, you don't have to burden it on the casino you have endorsed. You have to give additional knowledge to your site on FAQ, or TOC because Casino only offers the games, so for other technical matters you have to explain on your site in detail how to play using BTC. This matter often occurs, and always blame it on the casino, where in fact you brought them, on this matter, you have to responsibility to teach your audience before ready to enter the casino you have endorsed.
Yes, that's right. Most people who have sites like that, for example reviews for gambling, sometimes they just want money from sponsors but don't want to pay attention to their audience, let alone take advantage of money from audience traffic, obviously that is something wrong to straighten out, therefore it is the site owner's job to teach his audience to understand something that is prohibited in casinos as well as how to prevent it.

It's not only limited to understanding how to play gambling, making deposits and then withdrawing money, because even small children can do that easily, things that they think can be problematic should be explained to the audience so they don't have problems in the future. because it is important to give a good lead to the audience.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
~snip~
     -     Then I can just add mate, most gamblers in the crypto space seem to have gotten used to submitting kyc to a casino because of the money they can win on the platform. just in case they get lucky in gambling.

Maybe there are only a few who are not in favor of KYC or they didn't read the toss about this matter right away so that's why. but anyway, I hope that our documents that we pass to the crypto casinos we trust are in good condition.
They know that sending KYC to the casino won't give them any problems withdrawing the money, and they can see the process will be fast. And the casino also won't ask for various things that can delay the withdrawal process because the casino also has to check the account. And by doing KYC, their account can be verified properly, and the casino won't have a problem if they want to withdraw large winnings because there is no suspicion whatsoever about their account.

But it's true that we have to be able to choose a trusted casino if we want to do KYC so that the casino can properly guard the data we provide. We also don't want to see our data later misused by shady casinos.
legendary
Activity: 2366
Merit: 2054
They understand how to enable a VPN and how to send and receive BTC, but that's the extent of their knowledge,
In this case, you don't have to burden it on the casino you have endorsed. You have to give additional knowledge to your site on FAQ, or TOC because Casino only offers the games, so for other technical matters you have to explain on your site in detail how to play using BTC. This matter often occurs, and always blame it on the casino, where in fact you brought them, on this matter, you have to responsibility to teach your audience before ready to enter the casino you have endorsed.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
Ever since the introduction of cryptocurrency, gambling platforms have also switched their operations requirements with making crypto deposit for gambling stake by creating users with online gambling wallet after their registration, they could hold this volatile cryptocurrencies in those accounts and use their fund to gamble anytime they so wish, in so doing this, their coins remains an asset being on the wallet because it can increase whenever the crypto market rises, gamblers now prefer cryptocurrency gambling whereby some developers have also invented their crypto coin their platform could support among others, in which this has made gambling more easier than before to enjoy.
I agree with you because the gambling industry is one of the biggest cryptocurrency adopters and its players have constantly engaged in carrying out transactions in cryptocurrencies which has given them the freedom to make faster transactions without haven't to go through the third-party system that is opposed by the traditional financial systems and coupled with the 2019 covid lock down that have made many gamblers to adopt online casinos that offers cryptocurrency features.

And the coming of the web3 metaverse that has gaming i-gaming experience to transform in a whole new way with contemporary development and advancement aided by blockchain technologies.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
I honestly don't know what you really mean. Maybe you promote your gambling site? I think you should provide a better explanation about crypro casino so it's more interesting and maybe someone is interested in clicking on the link you provided

But little I understand from your question. Maybe you just explained about the advantages of crypto casinos in terms of kyc. Yes, we love crypto gambling sites that don't require kyc, and crypto casinos make it easier when they accept crypto deposit and withdrawal systems. However, not all gambling sites that use the crypto system do not require kyc, some still require kyc.

But if deposit using bitcoin, I don't really like it. Bitcoin takes a lot of time for network confirmation. I prefer using tron ​​because the deposit process can be done instantly and the transaction fee is also cheap
The non kyc feature in most casino now is starting to clear up and these crypto casino now seem to adding new TOS to their service stipulating and mandating the use of KYC and this is very bad because most gambler are attracted to these major casino just because of the non kyc function they provide. Non kyc casino are very good and also reliable.

I am interested to learn how you came to the conclusion that non kyc casinos are good and reliable, and by this, are you now saying that casinos that have made kyc verification mandatory are no longer good and reliable?

Well, all I have to say is that, we or you don't have to come to such a conclusion in such a hurry, how about first trying to find out reason behind why this casinos that used to be non kyc are now turning their tables and are becoming kyc compliant, trust me, if you own a casino, maybe you will understand that casino that are not non kyc will be very limited in their operations, any attempt to expand without being complaint to the laws of the jurisdictions they are expanding to, will only bring down the wrath of the law on them.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
I honestly don't know what you really mean. Maybe you promote your gambling site? I think you should provide a better explanation about crypro casino so it's more interesting and maybe someone is interested in clicking on the link you provided

But little I understand from your question. Maybe you just explained about the advantages of crypto casinos in terms of kyc. Yes, we love crypto gambling sites that don't require kyc, and crypto casinos make it easier when they accept crypto deposit and withdrawal systems. However, not all gambling sites that use the crypto system do not require kyc, some still require kyc.

But if deposit using bitcoin, I don't really like it. Bitcoin takes a lot of time for network confirmation. I prefer using tron ​​because the deposit process can be done instantly and the transaction fee is also cheap
The non kyc feature in most casino now is starting to clear up and these crypto casino now seem to adding new TOS to their service stipulating and mandating the use of KYC and this is very bad because most gambler are attracted to these major casino just because of the non kyc function they provide. Non kyc casino are very good and also reliable.

Sooner or later everything would really be regulated on which there would really be those inevitable change when it comes to KYC on which its not really that something on having like this.We know that regulation

comes even more stricter and on something like this on which we do know that it do really have that engaging with huge money involved then it would be normal that they would really be making involvement.
They cant really just let it slip when it comes on imposing regulations and other laws which these businesses wont really be having no choice but to comply on whats been asked if they do really want for their business to continue.We know that gambling itself is a profitable industry and we've been into those traditional ones and now that crypto had flourished out then we do have that crypto gambling space
on which it did become even more rampant considering that every gambler does have their identity hidden or simply being anonymous and due to the fact that we do really give out that kind of
importance then it do really give out that significant recognition.
sr. member
Activity: 546
Merit: 342
I honestly don't know what you really mean. Maybe you promote your gambling site? I think you should provide a better explanation about crypro casino so it's more interesting and maybe someone is interested in clicking on the link you provided

But little I understand from your question. Maybe you just explained about the advantages of crypto casinos in terms of kyc. Yes, we love crypto gambling sites that don't require kyc, and crypto casinos make it easier when they accept crypto deposit and withdrawal systems. However, not all gambling sites that use the crypto system do not require kyc, some still require kyc.

But if deposit using bitcoin, I don't really like it. Bitcoin takes a lot of time for network confirmation. I prefer using tron ​​because the deposit process can be done instantly and the transaction fee is also cheap
The non kyc feature in most casino now is starting to clear up and these crypto casino now seem to adding new TOS to their service stipulating and mandating the use of KYC and this is very bad because most gambler are attracted to these major casino just because of the non kyc function they provide. Non kyc casino are very good and also reliable.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
In terms of privacy and information sharing, with the current development, we are right now where majorly every online crypto gambling casino are beginning to make KYC verification mandatory, I would say that traditional and online crypto casinos are almost the same thing, since through the KYC, they can now own customers details like address, phone number, document identification numbers, picture and so on, and the bad eggs amongst this casinos might also decide to sell this information to third parties if they so wish.

The one major advantage of online crypto casinos that will forever remain most significant is in the area of deposit and withdrawals, crypto deposits and withdrawals to and from online gambling casinos will always be faster than that of traditional casinos.
Yes, you are right in everything that you have said in the comment because with the AML policy of licensing it has become hard to separate online cryptocurrency casinos from the traditional casinos that we have around because privacy is now gone from crypto casinos and also a lot of problems and demands that we're not available with online casinos are now becoming a mandatory procedure to operates an account with them.

At this point,  we find it hard to truly draw a line between traditional casinos and cryptocurrency online casinos,  because centralized casinos are becoming the most prominent and mandating players to follow the traditional procedures even the deposits and withdrawal.
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